Why This Tech Stock Got Crushed

Microsoft's strong report is helping the Dow

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OPENING VIEW     10/24/2019
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Stock Futures Rise as Earnings Dominate Again By Josh Selway Share On Investors are again monitoring a heavy dose of corporate earnings this morning. Dow Jones Industrial Average (DJI) futures are getting a boost thanks to well-received reports from Microsoft (MSFT) and Dow (DOW), which are overshadowing pre-market losses for 3M (MMM). While there is some economic data to consider today, including this morning's weekly jobless claims number that showed an unexpected drop in Americans filling for unemployment benefits, there are many other major earnings reports to watch -- most notably Amazon.com's (AMZN) post-close release. As of now, though, futures on S&P 500 Index (SPX) are also pointing to a risk-on session for stocks. Continue reading for more on today's market, including:  Beyond Meat traders eye key level. The tech stock that got crushed on Wednesday. Plus, semiconductor stock rises post-earnings; Ford shares fall; and Tesla crushes expectations. >> Continue reading...
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